Renowned chart analyst Peter Brandt, CEO of Factor LLC, known for his bullish stance on Bitcoin (BTC), has shifted his outlook. In a recent report to CoinDesk, Brandt suggested that Bitcoin's upward momentum may have peaked, diverging from his previous forecast extending until September 2025, with price targets up to $200,000. Brandt's new projection is based on "exponential decay," noting Bitcoin's historical 4-year bull/bear cycles, each approximately 80% less potent than the previous. "If the statistical constant of 80% decay remains true, Bitcoin's record high of $73,835 on March 14, 2024, may have already aligned with historical Exponential Decay," he added. Brandt famously predicted Bitcoin's collapse in 2018 to under $4,000. The initial rally saw prices surge from $0.01 to $31.91, marking a remarkable 3,391x increase in less than two years. Subsequent bull markets have been longer but smaller in magnitude, consistently experiencing an approximate 80% exponential decay. Bitcoin's recent rally to record#BTC #Memecoins #BullorBear #bitcoinhalving #BinanceLaunchpool